2491 Whitney Dr, Mountain View, CA 94043
- $15,250,000
- 23,827
- SqFt
- List Price
- $15,250,000
- MLS#
- 82065880
- Property Type
- Multifamily
- Sqft. of Residence
- 23,827
- Lot Size
- 62,982
- Region
- Thompson
- Status
- ACTIVE
- County
- Santa Clara
- Acres
- 1.45
- Year Built
- 1959
- Parking Spaces
- 53
Property Description
The Mayfield Apartments: 40-unit garden community on 1.45 acres in north Mountain View, bordered by Google's X campus and a 2-minute walk to San Antonio Caltrain. Assumable $8.6M loan at 3.50% fixed to 6/2028. Four 2-story buildings (1959/60) hold 6 studios, 28 one-bedrooms and 6 two-bedrooms around landscaped courtyards and a pool. Private fenced yards at 20 units, vaulted ceilings in 20, LVP floors in 29, dishwashers in 16. New 125-amp subpanels in all 40 units (2026), new wall furnaces in 24, exterior paint and carport roofs 2024. 3 laundry rooms, 5 storage rooms, 53 parking spaces, on-site manager. 95% occupied. Current NOI $833,368 = 5.5% cap / 11.8 GRM; in-place rents 14.6% below market for 6.6% pro forma cap. Four separate APNs. Minutes to Google, Intuit, Microsoft, NASA Ames, Stanford and US-101. Do not disturb residents; open house Thursday 11/19, 10 AM-3 PM;
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Additional Information
- Foundation
- Concrete Perimeter, Slab
- Living Area
- 23,827
- Lot Size
- 62,982
- Possession
- Subject To Tenant Rights
- Region
- Thompson
- Roof
- Composition
- Zoning
- R3-1H
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Listing courtesy of Magnify Real Estate.
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